The Hague, The Netherlands, May 15, 2002 – New Skies Satellites N.V. (AEX, NYSE: NSK), the global satellite communications company, this week is hosting more than 50 of the world’s most prestigious broadcasters during the 2002 Inter-Union Satellite Operations Group (ISOG) meeting in The Hague.

Attendees include CNN, the BBC, the Canadian Broadcasting Corporation, CBS News, China Central Television, Deutsche Welle, NHK, RTL Television and TVNZ as well as the European Broadcasting Union and the North American Broadcasting Association.

The ISOG meeting provides a regular forum for broadcasters and satellite operators to exchange ideas and information on developments in global satellite communications. In addition, it offers the chance to discuss challenges, opportunities and new technologies emerging throughout the global broadcasting industry.

“New Skies is honored to host such a distinguished group of broadcasters and to play a major role in fostering fresh ideas as well as creative services for the benefit of the satellite and broadcast industries,” said Rudo Jockin, New Skies’ senior vice president, sales and marketing. “We look forward to working with the broadcasting community in the future to identify new and innovative services for the delivery of event coverage and television programming to audiences around the world.”

“Currently, video services compose the majority of our business, generating more than 40 percent of revenues. As we look to capitalize on our strong presence in the video market, ISOG offers the ideal venue to discuss future strategies with current and potential customers, ensuring we develop services that the market wants,” Jockin continued.

“We are delighted that we selected New Skies Satellites for hosting this ISOG. This gives us a terrific opportunity to meet one-on-one with their senior management and staff as well as tour their satellite operations facilities and learn more about their satellites and service offerings” stated Dick Tauber, vice president of satellites and circuits for CNN and chairman of ISOG.

This year’s ISOG meeting addresses existing as well as new and developing technologies and their potential to create higher-quality and more efficient satellite broadcast transmissions.

New Skies involvement in this year’s ISOG meeting underscores the significance of the video services market to the company’s overall revenue profile. The company has provided satellite capacity and services for a number of the world’s most prominent sporting events, including the Sydney Olympics, the British Open and Formula One Racing. In addition, New Skies is currently planning services for next month’s World Cup Tournament.

About New Skies Satellites
New Skies Satellites (AEX, NYSE: NSK) is one of only four fixed satellite communications companies with truly global satellite coverage, offering video, voice, data and Internet communications services to a range of telecommunications carriers, broadcasters, large corporations and Internet service providers around the world. New Skies has six satellites in geosynchronous orbit and ground facilities around the world. The company also has two spacecraft under construction, which are planned to serve the Americas and Asia from two new orbital locations. In line with its growth strategy, the company has secured certain rights to make use of additional orbital positions, including four serving the Americas. New Skies is headquartered in The Hague, The Netherlands, and has offices in London, Johannesburg, New Delhi, São Paulo, Singapore, Sydney and Washington, D.C. Additional information is available at www.newskies.com.